How to Stop SBI Cheque Payment Using Yono App, Online and Offline?

A bank cheque is a written order to a bank to pay a certain amount of money to an individual or an account on demand. A cheque is only valid if it is signed by the owner of the bank account it is connected to. All the cheques are bills of exchange. But all the bills of exchange are not cheques.

Cheques are issued for a variety of purposes, but most people who operate a company use them for the majority of their transactions. When you hand someone a crossed cheque with their name, number, and signature, you're promising them the amount on a specific date. On that day, he would be able to deposit the cheque in the bank.

A completely blank cheque without your signature is less risky, and it could be needed for company purposes as proof of account information such as the account holder's name, account form, IFSC code, and MICR code.

There are occasions when we could want to cancel a cheque for a variety of reasons. Here are a few quick steps on how to put a stop payment on a cheque right away.

How to stop SBI cheque payment using SBI Yono?

Step 1: Log in to SBI Yono Application using credentials
Step 2: Click on "Requests"
Step 3: Select "Cheque Book" Option
Step 4: Click on "Stop Cheque or Revoke Stop Cheque Instruction"
Step 5: Select "Account Number"
Step 6: Fill in the "Stop Cheque" details
Note: Fill in the "Start Cheque Number" and "End Cheque Number" fields.
Choose between a normal cheque and a multicity cheque as your instrument kind.
Select a Stop Reason, such as Given in Error, Stolen, Paid in Cash, Lost in the Mail, Cheque Reissued, or Other Reason.
Step 7: Submit

Once you submit you will receive a confirmation of the stop payment of your SBI cheque.

How to revoke SBI cheque payment using SBI Yono?

Step 1: Log in to SBI Yono Application using credentials
Step 2: Click on "Requests"
Step 3: Select "Cheque Book" Option
Step 4: Click on " Revoke Stop Cheque"
Step 5: Select "Account Number"
Step 6: Enter Cheque details
Step 7: Submit.

Once you submit you will receive a confirmation of the revoking of your SBI cheque.

How to stop SBI cheque payment using Internet Banking?

To make an online stop payment, you must first register with the bank and should have internet banking access.

Step 1: Visit onlinesbi.com
Step 2: Login under Personal banking
Step 3: On the home page click "Request & Enquiries"
Step 4: From the drop-down click "Stop Payment"
Step 5: Enter the details- Cheque number, date, name of the party.
Step 6: Tick the terms and conditions icon
Step 7: Click submit.

How to stop SBI Cheque Payment by Visiting the Bank (Offline Process)?

The account holder may stop a cheque payment by visiting the SBI Bank branch office. Payment for the specific cheque/cheques is halted after sending a written request to the related person assigned.

The process includes certain charges for the account holder. Depending on the value of the cheque, each bank has its own collection of charges for stop payment of the check.